2 High-Yield Dividend Stocks to Buy in October
High-yield dividend stocks are a powerful way to boost a portfolio's annual performance. By reinvesting the dividend and regularly buying more shares, these stocks can produce impressive returns over long periods of time. However, a high yield can also be a warning sign for investors. An unusually generous yield, after all, can indicate that a company is facing a major challenge, such as a new competitive threat, shifting consumer preferences, or a high level of debt.
Which high-yield dividend stocks stand out as top buys right now? Pharmaceutical giant (NYSE: PFE) and telecom stalwart AT (NYSE: T) screen as attractive value plays right now. Read on to find out more about these two high-yield dividend stocks.
Image Source: Getty Images.
Source Fool.com
Pfizer Inc. Stock
With 31 Buy predictions and 4 Sell predictions Pfizer Inc. is one of the favorites of our community.
With a target price of 41 € there is a hugely positive potential of 58.27% for Pfizer Inc. compared to the current price of 25.91 €.
